Financial Times FT.com

M&A

Transocean and Google reap M&A rewards

By James Politi in New York

Published: December 26 2007 19:47 | Last updated: December 26 2007 19:47

Technology groups Google and Oracle and energy companies XTO and Transocean enjoyed the best share price performance among US corporations making large domestic acquisitions this year, according to Dealogic data.

Figures from the data provider show how shareholders have been willing to reward big deals in the technology and energy sectors, while financial services groups have been unable to offset the pain of the credit squeeze with large acquisitions.

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